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Emerging Market Crisis Series

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Emerging market economies, such as India, Turkey, Indonesia, LatAm economies which have been a darling of investors even after 2008/09 financial crisis led to cheaper capital access to these economies and its corporates, a trend that continued for more than half a decade at rapid speed. Now, with US Federal Reserve looking to raise borrowing costs and slowdown in China, led these economies and their corporates into greater chaos. We, in this series discuss the vulnerabilities of emerging market.

Emerging Market Crisis Series

Developing countries are facing economic disaster

May 29, 2020 14:25 pm UTC| Economy

While attention in developed countries has been focused inward on the effects of the pandemic at home and the anticipated exit from lockdown, an economic and health disaster is emerging in developing counties that make up...

Emerging Market Crisis Series

Five ways collective intelligence can help beat coronavirus in developing countries

Apr 21, 2020 12:34 pm UTC| Technology Economy

The COVID-19 pandemic has so far had the greatest impact in developed economies with strong health systems. And the results have been terrifying. But the epicentre of the pandemic could soon shift again to low and...

Emerging Market Crisis Series

Budget shows treasury is desperately short of ideas to fix South Africa's economic woes

Mar 01, 2020 13:09 pm UTC| Insights & Views Economy

At the core of this years budget proposals from South Africas national treasury is the admission that national debt is no longer expected to stabilise. In previous years, bar one brief exception, budgets and medium-term...

Emerging Market Crisis Series

Ramaphosa fails to show leadership as difficult and decisive year looms

Jan 14, 2020 00:34 am UTC| Insights & Views Politics

On the eve of the statement marking the 108th birthday of the governing African National Congress (ANC), South Africas finance minister Tito Mboweni tweeted: If you cannot effect deep structural economic reforms, then...

Emerging Market Crisis Series

ANC's anniversary statement – damp squib or new benchmark for South Africa?

Jan 10, 2020 10:53 am UTC| Insights & Views Politics

The statement issued by the African National Congress (ANC), South Africas governing party, each January to mark the anniversary of its launch in 1912, is many things to many people. It is a multipurpose vehicle to...

Emerging Market Crisis Series

Brazilian manufacturing industry’s output slows down in December

Jan 02, 2020 16:19 pm UTC| Commentary

The Brazilian manufacturing industrys output eased in December. The seasonally adjusted IHS Markit Brazil Manufacturing PMIs index dropped to 50.2 from Novembers 52.9, indicating towards the weakest improvement in business...

Emerging Market Crisis Series

South Africa is missing out on fresh fruit export growth. What it needs to do

Dec 04, 2019 12:28 pm UTC| Insights & Views Economy

South Africas urgent need to create jobs requires that the country take advantage of opportunities in the global economy that it can convert into quick wins. The fruit industry presents such an opportunity. The countrys...

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Economy

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Politics

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Trump Teases Imminent Release of UFO Documents After Government Review

President Donald Trump announced Friday that his administrations review of classified UFO-related materials has uncovered a number of interesting documents, with the first batch expected to be made public very soon....

South Korea Denies U.S. Intelligence Restrictions Over North Korean Nuclear Site Disclosure

South Koreas Unification Ministry stated Friday it has no knowledge of any formal U.S. protest or intelligence-sharing restrictions, following media reports suggesting Washington expressed frustration over a cabinet...

Peru Election 2025: Vote Count Delays Spark Calls to Remove Electoral Chief

Pressure is mounting on Perus electoral authority amid a slow and controversial vote count following the April 12 presidential election. Piero Corvetto, head of the National Office of Electoral Processes (ONPE), is facing...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...